Receivables Factoring for Machine Shops

Posted by on Jan 9, 2015 in Machine Shops | 0 comments

Receivables Factoring for Machine Shops

Today machine shops are CNC(Computer Numerical Control) using CAD and CAM software as vital production aspects of making precision parts. Machined metal & plastic parts are made for the aerospace, automotive, computer and electronics, construction equipment, defense, medical, military, optical, and telecommunications industries. From Cincinnati Ohio to San Antonio Texas the sector employs over 78,000 people with $12,724,421,000 in shipments. Machined products industry understands the availability of working capital is essential to adapt to...

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